Oman’s Bold Bitcoin Play: $1.1 Billion Investment On Bitcoin Mining Infrastructure

The government of Oman is supporting investments in bitcoin mining centers and embracing modern technologies to diversify its economy and uphold sustainable practices while adhering to Islamic law. This initiative, which has attracted over $1.1 billion in investment, positions Oman as a potential leader in the crypto economy and digital advancement.

forbes.com

Relevant topic timeline:

8/28/2023

The Bitcoin Circular Economy Battles Entrenched Mindsets in El Salvador

Bitcoin is facing challenges in achieving mass adoption in El Salvador due to the educational barrier and the preference for cash among the unbanked population, but initiatives like DitoBanx and Bitcoin Beach are working to create a more accessible and user-friendly bitcoin ecosystem in the country.

8/29/2023

Bitcoin's Evolution Into A Legitimate Form Of Money

Bitcoin, as the world's first decentralized digital currency, is challenging traditional notions of money by empowering individuals, offering a store of value, and demonstrating a growing network effect. With its scarcity, transparency, and potential for financial inclusion, bitcoin is positioning itself as a transformative force in the digital age.

8/29/2023

An Open Letter to President Biden Regarding Bitcoin Mining

Bitcoin mining has the potential to revolutionize America's energy grid by promoting renewable energy, improving efficiency, and balancing the load on the grid, and the government should support initiatives that integrate bitcoin mining into the national energy grid's development.

9/5/2023

El Salvador to introduce Bitcoin education in schools by 2024

The Ministry of Education of El Salvador has partnered with nonprofit Mi Primer Bitcoin to introduce Bitcoin education into the country's public school curriculum by 2024, with the aim of becoming an example for the world and potentially inspiring other nations to implement similar programs.

9/14/2023

Islamic Coin Teams Up with CoinDesk to Create Shariah-Compliant Crypto Benchmarks

Islamic Coin has partnered with CoinDesk Indices to develop Shariah-compliant crypto benchmarks and access CDI's API for digital assets, aiming to reshape Shariah-compliant digital financial services in the Middle East and North Africa markets.

9/18/2023

Bitwala Relaunches Crypto App Across Europe After Overcoming Bankruptcy

Bitwala, a cryptocurrency app available in 29 European countries, has made a surprise return to the cryptocurrency scene after rebranding and reevaluating its strategies following bankruptcy last year, offering users access to Bitcoin and Ethereum and plans to expand into Germany by the end of the year.

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Posted 8/24/2023, 2:09:38 PM

Oman’s Bold Bitcoin Play: $1.1 Billion Investment On Bitcoin Mining Infrastructure

forbes.com

Relevant topic timeline:

8/28/2023

The Bitcoin Circular Economy Battles Entrenched Mindsets in El Salvador

8/29/2023

Bitcoin's Evolution Into A Legitimate Form Of Money

8/29/2023

An Open Letter to President Biden Regarding Bitcoin Mining

9/5/2023

El Salvador to introduce Bitcoin education in schools by 2024

9/14/2023

Islamic Coin Teams Up with CoinDesk to Create Shariah-Compliant Crypto Benchmarks

9/18/2023

Bitwala Relaunches Crypto App Across Europe After Overcoming Bankruptcy